Guangzhou Rural Commercial Bank (GRCB) reported a net profit of RMB 1.51 billion for the six months ended 30 June 2026, edging up 0.12 % year-on-year. Profit before tax increased 14.53 % to RMB 1.40 billion, aided by a 3.63 % rise in net interest income to RMB 6.80 billion. Operating income was broadly stable at RMB 8.07 billion, up 0.45 %, while net fee and commission income slipped 2.63 % to RMB 0.36 billion.

GRCB’s balance sheet remained largely flat. Total assets reached RMB 1.38 trillion, expanding by just 0.34 % from end-2025. Net loans and advances contracted 1.38 % to RMB 675.42 billion, while customer deposits fell 3.07 % to RMB 977.27 billion, pushing the loan-to-deposit ratio to 71.50 %, up 1.47 percentage points.

Asset quality weakened. The non-performing loan ratio climbed to 2.03 % from 1.86 % six months earlier, with NPLs rising to RMB 14.19 billion. Allowance coverage improved slightly to 164.77 %, and total impairment charges for the period reached RMB 3.73 billion, down 1.64 % year-on-year.

Capital buffers remained above regulatory minimums. The total capital adequacy ratio stood at 13.58 %, common-equity Tier 1 at 9.46 %, and the liquidity coverage ratio at 202.51 %. Net stable funding ratio was 111.20 %.

By segment, corporate banking contributed RMB 3.45 billion in operating income, retail banking RMB 3.31 billion, and financial-markets activities RMB 1.23 billion.

During the period, the bank completed the merger of two county banks, disposed of majority stakes in two others, and transferred small equity holdings in several rural lenders, recognising a net gain of RMB 26.16 million.

GRCB declared a 2025 final dividend of RMB 0.046 per share (RMB 0.66 billion total) and paid RMB 0.33 billion in distributions on its RMB 12 billion perpetual bonds issued in 2024.